Jinxin Fertility Group Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	283.1	344.72	121.12	339.9
Depreciation & Amortization	277.8	286.19	261.39	169.62
Loss (Gain) From Sale of Assets	0.06	1.07	34.54	0
Loss (Gain) From Sale of Investments	4.89	-6.12	39.74	-40.86
Loss (Gain) on Equity Investments	-5.15	-4.95	0.02	10.11
Stock-Based Compensation	47.29	53.43	33.02	76.34
Other Operating Activities	54.69	10.33	-59.11	34.13
Change in Accounts Receivable	-61.38	3.88	-45.16	-61.2
Change in Inventory	11.48	0.12	-7.24	-4.72
Change in Accounts Payable	-39.37	36.06	75.83	-45.57
Change in Other Net Operating Assets	55.78	-40.23	87.56	-134.32
Operating Cash Flow	629.2	684.48	541.74	343.45
Operating Cash Flow Growth	-8.08%	26.35%	57.73%	11.50%
Capital Expenditures	-262.36	-173.57	-959.39	-79.83
Sale of Property, Plant & Equipment	1.85	41.21	0.35	2.19
Cash Acquisitions	-	-	-874.28	-1,227
Investment in Securities	-40.24	-192.21	262.25	-86.34
Other Investing Activities	7.48	-50.47	193.23	-175.04
Investing Cash Flow	-293.27	-375.04	-1,378	-1,566
Short-Term Debt Issued	3.71	2.15	4.18	41.44
Long-Term Debt Issued	3,294	640.06	1,900	17.46
Total Debt Issued	3,298	642.21	1,904	58.9
Short-Term Debt Repaid	-0.16	-26.48	-342.88	-18.1
Long-Term Debt Repaid	-3,405	-765.28	-583.7	-50.7
Total Debt Repaid	-3,405	-791.76	-926.58	-68.8
Net Debt Issued (Repaid)	-106.84	-149.55	977.78	-9.9
Issuance of Common Stock	-	999.59	83.77	1,056
Repurchase of Common Stock	-51.31	-	-	-40.95
Common Dividends Paid	-150	-10.5	-158.68	-
Other Financing Activities	-150.14	-1,790	-442.74	-49.7
Financing Cash Flow	-458.29	-950.45	460.14	955.05
Foreign Exchange Rate Adjustments	1.85	2.39	16.62	-7.56
Net Cash Flow	-120.51	-638.62	-359.34	-275.23
Free Cash Flow	366.84	510.92	-417.65	263.62
Free Cash Flow Growth	-28.20%	-	-	529.31%
Free Cash Flow Margin	13.05%	18.32%	-17.66%	14.34%
Free Cash Flow Per Share	0.14	0.19	-0.16	0.10
Cash Interest Paid	143.24	182.06	87.94	20.78
Cash Income Tax Paid	127.49	162.45	122.2	47.1
Levered Free Cash Flow	238.49	287.38	-535.18	421.78
Unlevered Free Cash Flow	274.37	337.15	-490.27	434.99
Change in Working Capital	-33.48	-0.18	110.99	-245.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.